FCRA Registration: An Inevitable For Your Business

Business run on some pillars of rules and regulations defined by the Government of a particular country.  Foreign Contribution Regulation Act (FCRA) is an act implemented for all NGO’s those want to receive foreign funds in order to manage their business and conduct some social programs.  FCRA first came into the existence in India in the year 1976 in order to manage many NGO’s in different locations in the country.  As per the rules and regulations, NGO can’t take money or receive funds directly and in order to receive funds one should register under the Foreign Contribution Regulation Act, 1976. There are two kinds of foreign contributions are available for all NGO’s including one time and at a regular interval.  In order to receive a onetime fund, an NGO should take the permission from the Government but in order to receive foreign funds at a regular interval, they need to register under the FCRA act 1976. As per the FCRA registration act, an organization should give the details regarding the name of the NGO, its members and its registered office in order to complete the whole process.

India has been catching fast as a business hotspot for many young business entrepreneurs from across the world. The growing interest for business setup in india has been extensively growing among many in order tap the huge potential of this country. Therefore, service tax registration also playing a crucial role among coming of age and young professionals in order to continue their business in the long run.  Service tax registration is a legal process and after the registration, one will get a service tax registration number in order to pay the service as per the Government of India.  Service tax registration is payable within one month of the due or the date when it is levied on an individual for using a particular service.  There are numbers of service tax registration professionals those are providing numbers of services to business entrepreneurs those are wishing to register their business in order to enjoy hassle free service tax payments.

Business and company registration in India is quite in an increasing mood, as India has already proved to the world market as a hot destination for numbers of business enterprises.  india fcra registration is absolutely essential for all NGO’s based out of India and are vying to receive foreign funds in order to host numbers of social programs including educational and cultural to promote foreign education and foreign culture.  Business has been growing at an unprecedented rate on the Indian soil and therefore, all new age business entrepreneurs are zeroing on India in order utilizes the untapped potential of the Indian market.  Indian Company Registration Act 1956 has defined all rules and regulations when it comes to incorporate or company registration in India. Both types of companies including private and public limited companies are registered under the Indian Companies Act 1956.